Federal Bank Long SetupStock has taken support and bounced back. Closing basis 100 acts as support. May test 115-125.
Technical
BAJAJELEC Long Setup - May test 325 - 350BajajElec looking good on daily timeframe charts for long positions. SL Would be 294 On closing basis. May test 325-350 soon. CMP 306
Channel Breakout { Very Bullish }Ujjivan Fin Serv has beautifully took support over the support line and broke the channel with a very big no. of volumes...
Points which confirms Bullishness :
1. Took support on support line and based on that support, It has broken Channel...
2. Very High no. of volumes traded on the last trading day of week..
3. Looking towards higher time frame (weekly) A very Bullish Engulfing candlestick pattern is formed..
Charts are clearly indicating that it may touch 450 zones again...
Targets are 335/350/370/390/420/450+
SL: 305
Risk Reward Ratio is perfect....
Note: Do your own study before making any position...
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Nifty Trading in the range, Swing traders wait for the breakout Nif ty trading locked in the trading range, range bound trading won't offer more, better wait for the breakout- veer te chnical analyst
Educational Post : CAPRI GLOBAL with C&H with Flag PatternCup and Handle then this Flag Breakout, Now on the verge of Multi-bagger.
Senior Please check the chart and give me your suggestion can we say this is a C&H and Flag Pattern?
Waiting for Suggestions from Tech Experts.
